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What do you need help with?
you are in GROUP WHOLESALE BANKING
Capitalise on your trade opportunities.
Fast, simple and convenient.
Enhance your business proposition and secure deals with confidence.
Enjoy streamlined processing.
Enjoy ease of digital Express BG application.
| Item | Express BG |
| Commission charges |
|
| Courier charges | Waived |
| Non-standard text fee |
|
| Amendment fee |
|
| Collateral |
|
| Eligibility |
|
| Item |
| Commission charges |
| Courier charges |
| Non-standard text fee |
| Amendment fee |
| Collateral |
| Eligibility |
1If you have any existing credit facilities with us, please contact your Relationship Manager, or apply for BG online via UOB Infinity.
2Customers without Corporate current account will be engaged by our officer for set-up prior to application.
Customers can apply for UOB Express Banker’s Guarantee on an adhoc basis against 100% cash margin without the need for BG facilities or UOB Infinity subscription. Customers must have a UOB current account.
Common types of Banker’s Guarantees are:
• Bid Bond
• Performance Bond
• Warranty Bond
• Advance Payment Guarantee
• Financial Guarantee
Available to Corporate, Commercial and Business Banking customers. However, they must maintain a business account with UOB.
Both are subject to the Bank’s approval.
The BG can be issued as soon as 3 working days if required documents are submitted and in order.
Yes, subject to arrangement and the Bank’s approval. Additional charges for BG issuance to overseas beneficiaries, if any, may be applicable.
No. The BG will be issued against 100% cash margin, debited from your chosen UOB Business Banking account or Corporate current account.
A BG can only be cancelled upon beneficiary’s consent and written instruction, together with the original BG returned to the Bank.
If you have any existing credit facilities with us, please contact your Relationship Manager, or apply for BG online via UOB Infinity or UOB SME online.
Terms and conditions apply.
Receive shipping documents securely and swiftly for acceptance and/or payment.
Swift and seamless BG issuance digitally to Singapore Government Agencies.
Comprehensive FSCM solutions that optimises your working capital at different stages of your supply chain.
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